Construction underway at Margaritaville resort: PHOTOS

Welcome to Margaritaville.

Hollywood Mayor Peter Bober addresses a small crowd gathered to break ground at the site of the future Margaritaville Beach Resort, a $147 million project in Hollywood.

The future site of the Jimmy Buffett-inspired Margaritaville Beach Resort in Hollywood.

A rendering of the $147 project in Hollywood, to be co-constructed by building giants Tishman Construction of 1 World Trade Center and Coastal Construction.

A rendering of the proposed pool area.

Margaritaville developer Lon Tabatchnick (at podium) lobbied the city commission aggressively for the resort with capital partner Starwood Capital. The project received a $35 million construction loan from Bank of the Ozarks.

Representatives from Tishman and Coastal Construction, city officials, developer Lon Tabatchnick and others dig in at the site of the future Hollywood Beach Resort.